DraftWise Raises $20M in Series A Funding


DraftWise, a NYC-based provider of a AI-powered contract and negotiation platform for lawyers, raised $20M in Series A funding.

The round was led by Index Ventures, with additional support from existing investors Y Combinator and Earlybird Digital East Ventures.

The company intends to use the funds to support continued investment in engineering, product, and customer expertise, along with strategic investment in growth aimed at expanding its reach.

Led by CEO DraftWise provides lawyers with data-driven intelligence that improves the complete contract workflow, from first draft to client win. The platform is used by law firms in North America, Europe, and Australia, to elevate contracts and negotiation processes. Customers include firms across North America, Europe, and Australia, including Orrick, Gunderson Dettmer LLP, Herrington & Sutcliffe LLP, Katten Muchin Rosenman LLP, Womble Bond Dickinson (US) LLP, and Mishcon de Reya LLP, and other Vault 10, AM Law 100, Magic Circle, and Seven Sisters ranked firms.